BORDER CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE INSTITUTE

EIN: 742323006

LAREDO, TX

Total Revenue
$8,868
Total Expenses
$48,096
Total Assets
$137,353
Net Assets
$137,353
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
TX
Principal Officer
LUIS HILARIO
Phone
9562866806
Tax Period
2020-01-01 to 2020-12-31

BORDER CHAPTER OF THE AMERICAN PETROLEUM INSTITUTE INSTITUTE, founded in 1982, is a micro nonprofit that reported $9K in total revenue in fiscal year 2020. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $48K exceeded revenue, resulting in a 442% operating deficit.

Mission

SPONSOR SEVERAL EVENTS TO AWARD SCHOLARSHIPS TO HIGH SCHOOL SENIORS, AND COLLEGE STUDENTS.THIS YEAR STARTED PROMISING; HOWEVER, DUE TO COVID 19, THE CORONA VIRUS, ALMOST ALL VENUES AVAILABLE TO HOST AN EVENT WER NOT AVIALABLE AS PER CITY AND COUNTY CDC RECOMMENDATIONS. WE ONLY HOSTED ONE EVENT IN OCTOBER, WHICH WAS POORLY ATTENED DUE TO COUNTY RESTRICTIONS AND THE PUBLIC OPINION COMMISSIONERS RECEIVED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $4,693
Program Service Revenue $0
Investment Income $818
Other Revenue $3,357
TOTAL REVENUE $8,868

Expense Breakdown

Grants Paid $41,631
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,631
Other Expenses $6,465
TOTAL EXPENSES $48,096

Year-over-Year Comparison

2020 2019 Change
Revenue $8,868 $71,021 -0.9%
Expenses $48,096 $70,677 -0.3%
Net Income $-39,228 $344 -115.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Raul Salgado Chairman 10
Officer
$0 $0 $0
Erik Gutierrez 1st Vice Chairman 10
Officer
$0 $0 $0
Imelda Buruato 2nd Vice Chairperson 10
Officer
$0 $0 $0
Aaron Ramons 3rd Vice Chairman 10
Officer
$0 $0 $0
Elsa Vela Secretary 10
Officer
$0 $0 $0
Luis Hilario Treasurer 10
Officer
$0 $0 $0
Joe Pena Publicity 10
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $8,868 $48,096 $137,353 $-39,228
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